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Apax, Warburg Pincus to acquire T-Mobile Netherlands
Apax Global Alpha said on Wednesday that the Apax X Fund had signed, in consortium with Warburg Pincus, a definitive agreement to acquire T-Mobile Netherlands.
Rough diamond sales at Anglo’s De Beers rise in seventh cycle
Anglo American said on Wednesday that the value of rough diamond sales at its De Beers unit rose in the seventh cycle of the year.
London open: Stocks fall after downbeat US session
London stocks fell in early trade on Wednesday, taking their cue from a mostly downbeat session on Wall Street.
Europe open: Shares slide after falls in Asia, US
European stocks opened sharply lower on Wednesday following losses overnight in Asia and the US.
Avon Protection wins $87m US helmet contract
Avon Protection said it had won a contract worth up to $87. 6m over two years to develop and supply the US Army with ballistic helmets.
Bid for Morrisons set to be decided by auction
Morrisons said on Wednesday that it is in talks with the Takeover Panel about launching an auction process for the supermarket chain after Fortress Investment Group and Clayton Dubilier & Rice failed to declare their bids final.
Dunelm lifts guidance as FY profits rise, dividend reinstated
Homewares retailer Dunelm said 2022 full-year profits would be “modestly” ahead of expectations as it posted a strong rise in 2021 earnings, driven by online sales during the Covid pandemic, and announced a special dividend.
Smiths Group agrees $2.4bn sale of med unit to ICU Medical
Industrial technology group Smiths Group said it agreed to sell is medical business to US-based ICU Medical for $2. 4bn, withdrawing its support for a rival $2bn offer from TA Associates agreed last month.
Biffa backs FY expectations after in-line first half
Waste management company Biffa backed its full-year expectations on Wednesday as it said trading in the first half has been in line.
London pre-open: Stocks seen down after mostly weaker US session
London stocks were set to fall at the open on Wednesday following a mostly downbeat session on Wall Street.